Hi mothish. That's a very good chart interpretation. But the targets and stoploss that are given are not ideal. Problem is that's daily chart and it could be a swing setup for better target with a good stoploss. No offense mothish, not everyone look for a intra day profit after all. All d best...
mothish1502
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@Algowaves07, :) , I totally agree with u . I kept those small targets coz if u see d whole chart it actually trying for a reversal to the upside , but yeah , it's better to day trade than swing trade.
All d best..